PEX 0.00% 11.5¢ peel mining limited

Ann: Ceasing to be a substantial holder, page-33

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  1. 4,168 Posts.
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    It would certainly make it a seamless transaction for Rob.

    I have seen situations where in order to get the directors on side the pursuing party will do a deal with directors to guarantee that they do not lose out on their unconverted options. There is after all no better persuasive group ( generally ) to share holders than the B.O.D recommending acceptance of the takeover.
 
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